Tips & Tricks
Did you know you can overlay and compare two different currency pairs using Net Dania charts?
Here's how you can do it.
Select a currency by clicking on Instruments and choosing the pair you want to chart.
A window will pop up with three options: NEW, OVERLAY, and COMPARE TO. Select NEW and hit OK. The pair you have selected will now open. You can then select a second pair, and the same window will pop up.
If you now select Overlay, the selected currency pair will be superimposed onto the original pair for easy comparison based on price.
If you were to select Compare To instead of Overlay, you can see a percentage comparison of the two pairs.
Trading foreign exchange on margin carries a high level of risk, and
may not be suitable for all investors. The high degree of leverage can
work against you as well as for you. Before deciding to invest in
foreign exchange you should carefully consider your investment
objectives, level of experience, and risk appetite. The possibility
exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot
afford to lose. You should be aware of all the risks associated with
foreign exchange trading, and seek advice from an independent
financial advisor if you have any doubts.